Companies

The hydrogen truck provider Hylane has expanded its management board. As of September 1, 2025, CFO Maximilian Draxler is also part of the leadership team. He will additionally assume responsibility for legal affairs and internationalization.

The executive is assuming leadership in addition to his existing responsibilities in Bremen and Eisenhüttenstadt. He is calling for political support for the climate-neutral transformation of steel production.

The Australian project developer Progressive Green Solutions (PGS) has selected Thyssenkrupp Nucera as its preferred supplier of electrolyzers with a total capacity of 1.4 GW. The technology is intended to supply green hydrogen for a large-scale project to produce green iron.

Fire, explosion, cracks and leaks, material embrittlement – such risks have always been an issue in the hydrogen economy. Allianz Commercial is now addressing hydrogen from the perspective of the insurance industry in a white paper.

Linde has commissioned an electrolysis plant for local green hydrogen production at Infineon’s site in Villach, Austria. The plant covers the entire hydrogen demand of the semiconductor production and replaces fossil-based deliveries from Germany.

The Norwegian manufacturer of alkaline electrolysers HydrogenPro has published its results for the second quarter of 2025. The order backlog and revenue have declined, but the company remains optimistic.

The Indian power electronics manufacturer Statcon Energiaa has a new majority shareholder in Rotomag Enertec. The focus includes green hydrogen and international expansion.

Thyssenkrupp Nucera has published its figures for the business period from April to June 2025. The development is described as “stable and in line with expectations.” Ongoing projects are generating revenue, but there are fewer new orders.

The electrolyzer manufacturer Quest One has appointed Michael Meister as CEO and spokesperson of the management board. He had already taken over strategic leadership in February. In addition, Alexandre Ménage was appointed as the new CTO and member of the management board in April.

This is the unanimous demand of the German Association of Energy and Water Industries (BDEW) and the AquaVentus Förderverein, whose goal is to produce green hydrogen directly at sea using offshore wind energy and transport it to shore via pipeline. Transport via pipelines is described as a cost-effective, fast and environmentally friendly solution.

The project developer H2Apex and the Danish infrastructure fund Copenhagen Infrastructure Partners (CIP) have entered into a strategic partnership for a hydrogen project in Lubmin, Germany, supported under the IPCEI program. The first development phase is planned to reach a capacity of 100 MW.

Ballard Power Systems is supplying 32 fuel cell modules with a total output of 6.4 megawatts to eCap Marine. The modules are intended to power two zero-emission container ships operated by Samskip, which will run between Norway and the Netherlands.

The system provider Cytok, based in Rostock, Germany, has granted the Japanese company GPSS Engineering an exclusive license for its Power-to-Gas technology in Japan and Taiwan. A pilot project for market entry is planned for 2026.

The Indian chemical company TGV SRAAC is expanding its chlor-alkali plant in Kurnool by 50 percent. Once again, electrolyzer technology from Thyssenkrupp nucera will be used. The order includes three electrolyzers and an engineering package.

French hydrogen producer Lhyfe has launched its first crowdfunding campaign, raising €2.5 million. Around 1,200 citizens contributed to the financing of four production sites in France and Germany.

Thyssenkrupp Nucera has specified its revenue and earnings forecast for fiscal year 2024/2025. Despite a decline in order intake in the green hydrogen segment, the company maintains stable revenue expectations and slightly raises its EBIT forecast.

The Hamburg-based company eCap Marine is supplying hydrogen-based energy systems for two new vessel types. The clients are logistics group Samskip and Norwegian shipping company Møre Sjø. Commissioning is scheduled for 2027.

GP Joule and Keyou have entered into a strategic partnership to advance zero-emission hydrogen mobility in the heavy-duty transport sector. The cooperation includes both the provision of H2 trucks and the expansion of refueling infrastructure.

H2Apex has taken over the insolvent HH2E Werk Lubmin project. The site has grid connections and is considered strategically favorable for hydrogen production. A 100 MW plant is to be built by 2028 and later expanded to 1,000 MW.

The ITM Power subsidiary Hydropulse and the project developer Eternal Power have entered into a strategic partnership. The goal is to supply industrial customers in Germany with green hydrogen starting in summer 2025 – without upfront investments.

Thyssenkrupp Nucera is acquiring technology assets from the insolvent Danish company Green Hydrogen Systems. The high-pressure electrolysis is intended to accelerate the development of efficient AWE systems and strengthen Nucera’s position in the global hydrogen market.

Storengy Deutschland will receive up to €4.5 million from the EU’s Connecting Europe Facility funding programme. The funds will be allocated to preparatory studies for the SaltHy hydrogen storage project in Harsefeld. Commissioning is planned for 2032.

ABO Energy has commissioned its first hydrogen project in Hünfeld-Michelsrombach. The plant combines wind power, a 5 MW electrolysis plant and a hydrogen filling station. It is expected to produce up to 450 tons of certified green hydrogen per year.

Kumho Mitsui Chemicals (KMCI) has commissioned a new chlor-alkali plant with electrolyzers from thyssenkrupp Nucera in Yeosu, South Korea. The plant uses e-BiTAC v7 technology and enables the recovery of thin brine from MDI production.

The Norwegian state-owned energy company Statkraft is halting the development of new green hydrogen projects. For existing projects—including two electrolyzers in Emden, Germany—the company is seeking investors.